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Hiking and Trail Footwear Market Size to Grow by USD 4.63 billion | Find Future Trends, Analysis, and Insights | Technavio

Rising popularity of eco-friendly footwear will be one of the key trends in the hiking and trail footwear market during 2022-2026

NEW YORK, May 12, 2022 /PRNewswire/ -- The global hiking and trail footwear market is a part of the global footwear market. Apart from the market in focus, Technavio's market analysis reports also provide in-depth coverage of the external factors influencing the parent market growth potential in the coming years.

Technavio has announced its latest market research report titled Hiking and Trail Footwear Market by Product and Geography - Forecast and Analysis 2022-2026

In this report, Technavio defines 2021 as the base year and 2022-2026 as the forecast period. The size of the global hiking and trail footwear market is anticipated to grow by USD 4.63 billion from 2021 to 2026. Moreover, the growth momentum of the market will accelerate at a CAGR of 7.98% during the forecast period. Our report describes in detail the various factors that are responsible for the market growth and the growth momentum.

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What are the Some of the Topics Covered in this Report?

  • Overview of the Market
  • Market Sizing
  • Five Forces Analysis
  • Market Segmentation
  • Factors Impacting Market Growth
  • Vendor Analysis

What are the Various Segments Covered in this Report?

Segmentation

Segments

Product

Hiking footwear and trail running footwear

Geography

APAC, North America, Europe, Middle East and Africa, and South America

 

What are the Factors Driving the Growth of the Hiking and Trail Footwear Market?

The growth of the hiking and trail footwear market will be driven by the increasing premiumization of hiking and trail running footwear. Preimmunization is the result of innovations in technical fabrication, design, and product development. In addition, growing consumer awareness about the benefits of specialized shoes has fueled the demand for premium hiking and trail running footwear over the last few years.

What are the Trends Supporting the Growth of the Hiking and Trail Footwear Market?

The rising popularity of eco-friendly footwear is a key trend that will support the growth of the hiking and trail footwear market. Several vendors are focusing on the development and promotion of eco-friendly hiking and trail running footwear due to the growing consumer shift toward environment-friendly products and carbon footprint minimization. For instance, La Sportiva S.p.A and Adidas AG offer lightweight hiking boots that are eco-friendly.

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Which are the Major Vendors Operating in the Hiking and Trail Footwear Market?

According to Technavio, the major vendors operating in the hiking and trail footwear market include adidas AG, Amer Sports Corp., Apex Global Brands Inc., ASICS Corp., CALZADOS BOREAL SL, Chogori India Retail Ltd., Deckers Outdoor Corp., Frasers Group plc, KEEN Inc., La Sportiva Spa, Lukas Meindl GmbH and Co. KG, Nike Inc., PUMA SE, Red Wing Brands of America Inc., Skechers USA Inc., Tecnica Group Spa, Under Armour Inc., VF Corp., Wildcraft India Pvt. Ltd., and Wolverine World Wide Inc., among others.

Is the Market Fragmented or Concentrated?

The hiking and trail footwear market is fragmented, and the vendors are deploying growth strategies such as brand, quality, and reliability to compete in the market. Global vendors have already established a strong foothold in the market with an extensive range of their flagship products. They are focusing more on innovation and technological advances to remain competitive in the market in terms of brand, quality, and reliability.

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Hiking and Trail Footwear Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.98%

Market growth 2022-2026

USD 4.63 billion

Market structure

Fragmented

YoY growth (%)

7.43

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 34%

Key consumer countries

US, Canada, China, India, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

adidas AG, Amer Sports Corp., Apex Global Brands Inc., ASICS Corp., CALZADOS BOREAL SL, Chogori India Retail Ltd., Deckers Outdoor Corp., Frasers Group plc, KEEN Inc., La Sportiva Spa, Lukas Meindl GmbH and Co. KG, Nike Inc., PUMA SE, Red Wing Brands of America Inc., Skechers USA Inc., Tecnica Group Spa, Under Armour Inc., VF Corp., Wildcraft India Pvt. Ltd., and Wolverine World Wide Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

 

Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Hiking footwear - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Hiking footwear - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Hiking footwear - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Hiking footwear - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Hiking footwear - Year-over-year growth 2021-2026 (%)
  • 5.4 Trail running footwear - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Trail running footwear - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Trail running footwear - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Trail running footwear - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Trail running footwear - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Product
    • Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 Europe - Market size and forecast 2021-2026
    • Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 Germany - Market size and forecast 2021-2026
    • Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.10 China - Market size and forecast 2021-2026
    • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.11 France - Market size and forecast 2021-2026
    • Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.12 Canada - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.13 India - Market size and forecast 2021-2026
    • Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.14 Market opportunity by geography
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 adidas AG
    • Exhibit 93: adidas AG - Overview
    • Exhibit 94: adidas AG - Business segments
    • Exhibit 95: adidas AG - Key news
    • Exhibit 96: adidas AG - Key offerings
    • Exhibit 97: adidas AG - Segment focus
  • 10.4 Amer Sports Corp.
    • Exhibit 98: Amer Sports Corp. - Overview
    • Exhibit 99: Amer Sports Corp. - Product / Service
    • Exhibit 100: Amer Sports Corp. - Key offerings
  • 10.5 ASICS Corp.
    • Exhibit 101: ASICS Corp. - Overview
    • Exhibit 102: ASICS Corp. - Business segments
    • Exhibit 103: ASICS Corp. - Key news
    • Exhibit 104: ASICS Corp. - Key offerings
    • Exhibit 105: ASICS Corp. - Segment focus
  • 10.6 Chogori India Retail Ltd.
    • Exhibit 106: Chogori India Retail Ltd. - Overview
    • Exhibit 107: Chogori India Retail Ltd. - Product / Service
    • Exhibit 108: Chogori India Retail Ltd. - Key offerings
  • 10.7 Deckers Outdoor Corp.
    • Exhibit 109: Deckers Outdoor Corp. - Overview
    • Exhibit 110: Deckers Outdoor Corp. - Business segments
    • Exhibit 111: Deckers Outdoor Corp. - Key offerings
    • Exhibit 112: Deckers Outdoor Corp. - Segment focus
  • 10.8 Nike Inc.
    • Exhibit 113: Nike Inc. - Overview
    • Exhibit 114: Nike Inc. - Business segments
    • Exhibit 115: Nike Inc. - Key news
    • Exhibit 116: Nike Inc. - Key offerings
    • Exhibit 117: Nike Inc. - Segment focus
  • 10.9 PUMA SE
    • Exhibit 118: PUMA SE - Overview
    • Exhibit 119: PUMA SE - Business segments
    • Exhibit 120: PUMA SE - Key news
    • Exhibit 121: PUMA SE - Key offerings
    • Exhibit 122: PUMA SE - Segment focus
  • 10.10 Under Armour Inc.
    • Exhibit 123: Under Armour Inc. - Overview
    • Exhibit 124: Under Armour Inc. - Business segments
    • Exhibit 125: Under Armour Inc. - Key offerings
    • Exhibit 126: Under Armour Inc. - Segment focus
  • 10.11 VF Corp.
    • Exhibit 127: VF Corp. - Overview
    • Exhibit 128: VF Corp. - Business segments
    • Exhibit 129: VF Corp. - Key news
    • Exhibit 130: VF Corp. - Key offerings
    • Exhibit 131: VF Corp. - Segment focus
  • 10.12 Wolverine World Wide Inc.
    • Exhibit 132: Wolverine World Wide Inc. - Overview
    • Exhibit 133: Wolverine World Wide Inc. - Business segments
    • Exhibit 134: Wolverine World Wide Inc. - Key offerings
    • Exhibit 135: Wolverine World Wide Inc. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 136: Inclusions checklist
    • Exhibit 137: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 138: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 139: Research methodology
    • Exhibit 140: Validation techniques employed for market sizing
    • Exhibit 141: Information sources
  • 11.5 List of abbreviations
    • Exhibit 142: List of abbreviations

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